Search for drilling

26.02.2014 Kazakhstan to create drilling and service company

Kazakhstan plans to create a single company in the drilling and service sector, chairman of Kazakh national oil and gas company KazMunaiGas, Sauat Mynbayev said on February 25, Trend has reported.

25.02.2014 Russia’s Samotlorneftegaz to drill 570 wells over three years

Samotlorneftegaz, a subsidiary of Rosneft, is going to drill about 570 wells at the Samotlor field in the next three years. In 2014 alone, Samotlorneftegaz plans to drill 161 wells. The company wants to study the inner area of Samotlor more closely.

21.02.2014 Norway’s Statoil fails to find oil at Kramsnø

The Norwegian energy major did not find much-desired oil at its Kramsnø field in the Barents Sea, Barents Observer said on February 20.

07.02.2014 Russia’s Lukoil reserves total 17.4 billion barrels of oil equivalent

Lukoil finished an evaluation and independent audit of its oil and gas reserves, as they stand on December 31, 2013, Lukoil’s press service said on February 6.

07.02.2014 Russia’s Tatneft oil production up 0.6% year on year in January

The amount of 2,221,896 tons of crude oil or 100.6 percent versus January 2013 was produced at Tatneft, its press service said on February 6. The new drilling penetration in January of 2014 amounted to 31.5 thousand meters (44.3 thousand meters in 2013).

27.01.2014 Ukraine’s Poltavahazvydobuvannya to drill 19 wells in 2014

Poltavahazvydobuvannya (Poltava Gas Production) is going to drill 19 new wells in 2014, according to the program of Poltava Region’s socioeconomic development which was passed by the regional council on January 23.

22.01.2014 Shale Revolution Opens New Horizons In Horizontal Drilling

The first successes of “shale revolution”, itself associated with the development of horizontal drilling and fracturing technologies, led to a sharp uptick in the horizontal wells.

19.12.2013 Rosneft Sets Russian Drilling Record

Rosneft has set a new record among Russian companies, having drilled 6mn meters. This has become possible thanks to increasing the effectiveness of drilling, new technologies and improvements to management and planning patterns.

25.11.2013 Chevron Downbeat on North Sea Rosebank Oil Project

US oil giant Chevron has warned it may not be economically viable to proceed with a planned $10bn North Sea oil project, in a blow to hopes of a revival in the region, The Telegraph reported on November 22.

21.11.2013 Russia’s Soyuzneftegaz Buys License to Drill in Syria

Soyuzneftegaz has obtained a license to drill offshore Syria after five months of talks, Terminal has reported. Experts from Soyuzneftegaz visited Syria several times.